Dailyfamous Limited,Ltd - Accounts
Dailyfamous Limited,Ltd - Accounts
For the year ended 31 August 2015
England and Wales
Registered Number: 02153027
2
Contents Page |
Dailyfamous Limited
For the year ended 31 August 2015
1
Accountants' Report
2
Balance Sheet
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Notes to the Abbreviated Financial Statements
3
Accountants' Report
For the year ended 31 August 2015
Dailyfamous Limited
As described on the balance sheet you are responsible for the preparation of the financial statements for the year |
ended 31 August 2015 and you consider that the company is exempt from an audit under the Companies Act 2006. |
In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you |
to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us. |
Graeme Hinchliffe Associates Ltd
6-8 Manvers Road
Swallownest
Sheffield
S26 4UD
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4
Abbreviated Balance Sheet |
Dailyfamous Limited
As at |
Registered Number : |
£ |
£ |
2015
Notes |
2014
Fixed assets |
Tangible assets |
2
Current assets |
Stocks |
Debtors |
Cash at bank and in hand |
Creditors: amounts falling due within one year |
3
(217,032 )
(202,624 )
Net current assets
Total assets less current liabilities |
Creditors: amounts falling due after more than one year |
4
(57,394 )
(50,353 )
(3,284 )
(4,749 )
Provisions for liabilities |
Net assets
Capital and reserves |
Called up share capital |
Profit and loss account |
Shareholders funds
Date approved by the board: |
Signed on behalf of the board of directors |
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5
Notes to the Abbreviated Financial Statements |
For the year ended 31 August 2015
Dailyfamous Limited
1 Accounting Policies |
Going Concern |
Turnover |
Operating lease rentals |
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
Finance lease and hire purchase charges |
Deferred taxation |
Dividends |
Proposed dividends are only included as liabilities in the financial statements when their payment has been approved |
by the shareholders prior to the balance sheet date. |
Tangible fixed assets |
Land and Buildings
Plant and Machinery
Motor Vehicles
Fixtures and Fittings
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Notes to the Abbreviated Financial Statements |
For the year ended 31 August 2015
Dailyfamous Limited
No depreciation is provided on the company's freehold properties since in the opinion of the directors the expected |
useful lives are sufficiently long and the estimated residual values are sufficiently high that any such depreciation |
would be immaterial. The directors undertake an annual impairment review of these properties. |
Assets on finance lease and hire purchase |
Assets held under finance lease or hire purchase contracts i.e. those contracts where substantially all the risks and |
rewards of ownership have passed to the company, are included in the appropriate category of tangible fixed assets |
and depreciated over the shorter of the lease term and their estimated expected useful lives. |
Future obligations under such contracts are included in creditors net of the finance charge allocated to future periods. |
Stocks |
2 Tangible fixed assets |
Tangible fixed |
assets |
Cost or valuation |
£ |
At 01 September 2014 |
Additions |
(14,040 )
Disposals |
At 31 August 2015 |
Depreciation |
At 01 September 2014 |
(12,985 )
Disposals |
Charge for year
At 31 August 2015 |
Net book values |
At 31 August 2015 |
At 31 August 2014 |
2015
3 Creditors: amounts falling due within one year |
£ |
£ |
2014
Bank loans and overdrafts (secured)
2014
2015
4 Creditors due after more than one year |
£ |
£ |
Bank loans and overdrafts (secured)
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